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$22M SpaceX Put Sale Bets on Rising Tesla Merger Odds | Options Income Daily

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$22M SpaceX Put Sale Bets on Rising Tesla Merger Odds | Options Income Daily

by Monta HONG, CFA | Options Strategist A trader sold 2,000 contracts of the Dec 15, 2028 $250.00 put to open a short put position on $SpaceX (SPCX.US)$ , collecting a net credit of $22.39 million with 781 days to expiration. That puts the breakeven at around $140 (Strike

Directly affected

  • SPCX Space Exploration Technologies-8.2% 12d

    Named in this report.

  • TSLA Tesla+3.7% 30d

    Named in this report.

Indirectly affected

  • XLK Technology Select Sector SPDR+9.1% 16d

    Technology Select Sector SPDR holds the technology sector that Space Exploration Technologies belongs to, so it often moves with news about it.

  • GOOGL Alphabet-8.4% 30d

    Alphabet is a peer of Space Exploration Technologies in computer programming, data processing, etc.; rivals often move on the same news.

  • META Meta Platforms-3.5% 30d

    Meta Platforms is a peer of Space Exploration Technologies in computer programming, data processing, etc.; rivals often move on the same news.

  • APP AppLovin-14.7% 30d

    AppLovin is a peer of Space Exploration Technologies in computer programming, data processing, etc.; rivals often move on the same news.

  • BSP Bending Spoons S.p.A

    Bending Spoons S.p.A is a peer of Space Exploration Technologies in computer programming, data processing, etc.; rivals often move on the same news.

  • ZM Zoom Communications+0.4% 14d

    Zoom Communications is a peer of Space Exploration Technologies in computer programming, data processing, etc.; rivals often move on the same news.

  • XLY Consumer Discretionary Select Sector SPDR+0.3% 16d

    Consumer Discretionary Select Sector SPDR holds the consumer sector that Tesla belongs to, so it often moves with news about it.

  • GM General Motors-12.9% 30d

    General Motors is a peer of Tesla in motor vehicles and passenger car bodies; rivals often move on the same news.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SPCXNo price data for this ticker———————
TSLA-4.61%-4.34%baseafter closeafter closeafter closeafter close
XLKNo price data for this ticker———————
GOOGLNo price data for this ticker———————
METANo price data for this ticker———————
APPNo price data for this ticker———————
BSPNo price data for this ticker———————
ZMNo price data for this ticker———————
XLYNo price data for this ticker———————
GMNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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$22M SpaceX Put Sale Bets on Rising Tesla Merger Odds | Options Income Daily Moomoo

Source: Moomoo

This story

CompanyWhenMoveStatus
TSLAthree days earlier-4.34%final price
TSLAfive days earlier-4.61%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

Dates written in “$22M SpaceX Put Sale Bets on Rising Tesla Merger Odds | Options Income Daily”: trader sold 2,000 contracts of the (15 December 2028).

This story

12 out of 100

“$22M SpaceX Put Sale Bets on Rising Tesla Merger Odds | Options Income Daily” scores 12 out of 100. The score uses 1 sources.